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that saved money and the environment. >> and not only that, tired of hearing that argument. everybody, abc constantly, eat a leaner beef, worry about your health. so when we tried to eat it did take that away as well. john: not using it wastes 5,000 cows a day. >> they said the term pink slime 178 times either on their broadcast or with jim antelope. john: then they started taking it back. >> they started out. this is classic. they said, a term commonly used. then, of course, what you find is it is not. "washington post," new york times, one or two times at most that they had ever used it prior to that. john: what is the agenda? >> well, always the activists who are pushing against the food in general. what happened was this comes from a movie. a lot of the badthings in society come from movies. shooting to put out by participant media so there were so proud of this process just amazing to look at. thee let these people and the videotape. u don't dare let anybody videotape anything because they demonized. john: the company closed three out of four plants, laid-off workers. >
that saved money and the environment. >> and not only that, tired of hearing that argument. everybody, abc constantly, eat a leaner beef, worry about your health. so when we tried to eat it did take that away as well. john: not using it wastes 5,000 cows a day. >> they said the term pink slime 178 times either on their broadcast or with jim antelope. john: then they started taking it back. >> they started out. this is classic. they said, a term commonly used. then, of course,...
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so, are you worried that environment makes things so dicey that no deal is done and if it is done, it it is a bad d. >>guest: i am worried. the so-called fiscal cliff was put in law because it was stuff that would be so unacceptable congress would never let it happen, enormous tax increases, grotesque cuts in spending but here we, it is in the law. congress does nothing which congress is good at doing and go over the cliff and some want to see that happen because then the crisis will generate the kind of bipartisan agreement we need but that is irresponsible. >>neil: it is looking more likely. then who picks up the pieces? >>guest: the country suffers. i don't think anyone gains politically. you know that almost everyone here in both parties will tell you if you talk to them privately, this ends with entitlement reform. not cutting programs like medicare but slowing down the growth in the programs because they are the big drivers of the deficit and raising more out of the revenue, out of the tax system. whether you call iterates or reform over whatever you call it, and each those touc
so, are you worried that environment makes things so dicey that no deal is done and if it is done, it it is a bad d. >>guest: i am worried. the so-called fiscal cliff was put in law because it was stuff that would be so unacceptable congress would never let it happen, enormous tax increases, grotesque cuts in spending but here we, it is in the law. congress does nothing which congress is good at doing and go over the cliff and some want to see that happen because then the crisis will...
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politics and the global economy also in london we have donna mustafa he is a reader in politics and environment at king's college london and in washington we cross to michael goodwin he is a south asia associate at the woodrow wilson international center for scholars all right gentlemen crosstalk rules in effect that means you can jump in any time one twenty five go to you first in london do you like the term water wars because it's used a lot in media. it sounds good because it's a literal served want to wars but in fact it misleads people into thinking that once you run out of water whatever that means you then automatically reach for a kalashnikov and go to war waters we have seen over the past forty years at least if not more is that when people run out of water that is they haven't got enough water to raise the food that they need at home they're not no longer self-sufficient they then reach for trade because trade is quiet and invisible it doesn't raise any politics a country all the twenty countries of the middle east and many other countries in the world and all the countries in europe
politics and the global economy also in london we have donna mustafa he is a reader in politics and environment at king's college london and in washington we cross to michael goodwin he is a south asia associate at the woodrow wilson international center for scholars all right gentlemen crosstalk rules in effect that means you can jump in any time one twenty five go to you first in london do you like the term water wars because it's used a lot in media. it sounds good because it's a literal...
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how would steve jobs feel about the current environment as it is right now at apple? >> well, again, i'm not inside of apple. i'm outside of apple looking at it. >> but you knew the way he thought about the world, and -- >> sure. steve jobs lived in a world of black and white. no compromises, perfectionist, he believed that you had to keep pushing the edges of innovation. and apple is still doing that. what apple is doing right now is it's building out the follow-on evolution very successful products like the ipad. now we have the ipad mini. so i think apple has got a few years of being able to do that. at some point, it's got to do something beyond that. >> john, there have been some notable stumbles in apple's past and in the recent past they have been able to surmount them and push them aside. what do you think is the biggest risk, whether product risk or execution risk in china, et cetera. if it you're long apple, what is the one thing that maybe makes you somewhat cautious going into the next year to 18 months? >> well, it's certainly not supply chain. apple know
how would steve jobs feel about the current environment as it is right now at apple? >> well, again, i'm not inside of apple. i'm outside of apple looking at it. >> but you knew the way he thought about the world, and -- >> sure. steve jobs lived in a world of black and white. no compromises, perfectionist, he believed that you had to keep pushing the edges of innovation. and apple is still doing that. what apple is doing right now is it's building out the follow-on evolution...
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to the video environment. over the top scared everybody for a long time. there's a lot of questions. what was netflix going to do to its business model? how was content going to be monetized. with the tv everywhere infrastructure coming together, companies are more comfortable about how the world looks going forward. that's one of the big things holding back m&a. ceos were worried about buying a company and then having the world shift under their feet. a lot of those outlines are in place for doing more deals. >> right. in this world regardless of whether it's just a broad band connection or not, you say they will figure out a way to get paid. >> exactly. if you look at over the top distribution, that's been another way for content providers to sell content. if anything, it's been a new customer for them. >> sam, we're going to leave it there. looking forward to seeing you later face to face. i'll interview tom rutledge who runs charter. u.s. media conference being held the first three days of this week, i bel
to the video environment. over the top scared everybody for a long time. there's a lot of questions. what was netflix going to do to its business model? how was content going to be monetized. with the tv everywhere infrastructure coming together, companies are more comfortable about how the world looks going forward. that's one of the big things holding back m&a. ceos were worried about buying a company and then having the world shift under their feet. a lot of those outlines are in place...
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to consume sensibly not through food away choose the right foods to be healthy and to keep your environment healthy make sure that the corporations in the middle of that food supply chain are also doing responsible things i'll be wearing out on the belly anytime soon down if i go to you and people you love the term peak oil but there's also the term peak water does not mean anything to you and what should it mean to others. did you say peak oil or people water. i haven't heard the term before could you explain no no no that's not a thing i'm asking you if it means anything to you because i can't i can talk about it and tony go ahead jump in yeah which is falling on the idea of peak oil. seems if you look at the numbers on oil and gas that's we've reached a point where on about an hour in the case of gas a little bit in the future where the next and the amount of gas. being mobilized after that the volumes that could be mobilized will get less and if we've got the demand for those products those energy projects which got us for the peak level and if the variability is going down then we've g
to consume sensibly not through food away choose the right foods to be healthy and to keep your environment healthy make sure that the corporations in the middle of that food supply chain are also doing responsible things i'll be wearing out on the belly anytime soon down if i go to you and people you love the term peak oil but there's also the term peak water does not mean anything to you and what should it mean to others. did you say peak oil or people water. i haven't heard the term before...
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if you can in this environment, record low interest rates, home values epressed from the recession. buy a house. don't look at the target. you won't make money in the savingsing thes. dividends taxed as regular income. buy a home, something you can use, live in, and sit on. stuart: no dividend to be taxed, and if it's up in value, you don't pay tax until you sell it. ten seconds for the best investment of 20 # 13? >> amazon, other online retailers. i spent black friday in my pajamas at home getting deals,
if you can in this environment, record low interest rates, home values epressed from the recession. buy a house. don't look at the target. you won't make money in the savingsing thes. dividends taxed as regular income. buy a home, something you can use, live in, and sit on. stuart: no dividend to be taxed, and if it's up in value, you don't pay tax until you sell it. ten seconds for the best investment of 20 # 13? >> amazon, other online retailers. i spent black friday in my pajamas at...
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afterwards do if it's a question more and more people are aware of today climate change in the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. it looks like the marines just left here saying look. they had to get their ass up out here and go direct to somebody gassed up probably. they so so much food away here it's just unbelievable you get to eat it. pushed me. so we're not here to steal your food. sometimes you get a chance going to stand for us pinching yourself out of. the hell half so you look you down seventy one. i just got on. like a robot you don't mind if i grab something so i can have a little sum in my health to full meals they're. willing to go so i'm good enough to be greedy to it well. there you go beans rice and bacon. here put in here because thanks for thanks much for the fun shane what's your stuff. and you know me well enough to queue some. of that's. right you know i'm sorry i'm only chemical a couple of these drinks ready to be. thankful and you can come down
afterwards do if it's a question more and more people are aware of today climate change in the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. it looks like the marines just left here saying look. they had to get their ass up out here and go direct to somebody gassed up probably. they so so much food away here it's just unbelievable you get to eat it. pushed me. so we're...
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politics and the global economy also in london we have donnish mustafa he is a reader in politics and environment at king's college london and in washington we cross to michael goodwin and he is a south asia associate at the woodrow wilson international center for scholars all right gentlemen crosstalk rules in effect that means you can jump in any time one twenty five go to you first in london if you like to charm water wars because it's used a lot in media. it sounds good because it's a literal border wars whereas in fact it before thinking that it was to run out of water whatever that.
politics and the global economy also in london we have donnish mustafa he is a reader in politics and environment at king's college london and in washington we cross to michael goodwin and he is a south asia associate at the woodrow wilson international center for scholars all right gentlemen crosstalk rules in effect that means you can jump in any time one twenty five go to you first in london if you like to charm water wars because it's used a lot in media. it sounds good because it's a...
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it's a question more and more people are aware of today climate change and the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. and i welcome to the sport roundup with me take on trade and here's a taste of what's to come. for a horse race and t.v. has got to be a joint top but it's anita just three points behind with one going to go before the winter break in the russian ukrainian rain. while how tricare alex on the other hand next to his first paying child travel house champion said i must say top of the table. and holding court to russians i feel he reached the top six. end of the year i need to take a bath or accounts so i'm helping hamburg and i still like us. but first the russian premier league and ga have gone joint with tesco after just sitting side by ten on opponents in a crunch top two battle because of them but out of reports. a goal is first half and it would says kazakhstan that sound is seeing us for what was arguably a soft second looking energy took
it's a question more and more people are aware of today climate change and the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. and i welcome to the sport roundup with me take on trade and here's a taste of what's to come. for a horse race and t.v. has got to be a joint top but it's anita just three points behind with one going to go before the winter break in the russian...
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and so we want to make sure that it's out of everything that is in the environment of children. >> reporter: the cosmetics industry counters that worrying about trace amounts of lead and lipstick distracts from other much greater risks. >> if you're really serious about the public health aspects of lead poisoning, you wouldn't be looking at lipstick. you would be looking at locations where children live. do they live near hazardous waste dumps? are they chewing lead-containing paint fragments? >> reporter: it's a difficult debate which may leave women pursing their lips, wondering what to do. for "good morning america," elisabeth leamy, abc news, massachusetts. >> all right. if you're not baffled enough, if you want to try to avoid lead in lipstick without wearing it, it's tough to do. we compared department store lip six to drugstore lipsticks. we compared reds to pinks, asian made to american made, lipstick to gloss. and found no pattern as to where the lead may pop up. go figure. lara? >> all right, thank you. >>> now, it's time to play the newest game here at "good morning america." wha
and so we want to make sure that it's out of everything that is in the environment of children. >> reporter: the cosmetics industry counters that worrying about trace amounts of lead and lipstick distracts from other much greater risks. >> if you're really serious about the public health aspects of lead poisoning, you wouldn't be looking at lipstick. you would be looking at locations where children live. do they live near hazardous waste dumps? are they chewing lead-containing paint...
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but that solution needs to create a business environment that allows businesses to grow because we're only expanding 2% gdp. we need at least 3 1/2, 4% to bring down unemployment. so we are fighting for the soul of america. >> steve: 'cause you need to help the economy and sell cars, too. >> that's an important part, to because next to our homes, the purchases -- it's always a lead indicator. >> gretchen: you would know, and this is why you were invited, because you run ford and you've been very successful at it. by the way, you took no bailout money because you borrowed money before that other fiscal cliff that we went over when the car industry was bailed out. did the president listen to you? >> i think he absolutely did. of course, i would do it again about testifying against my competitors because clearly the united states economy was in a recession and could have gone into a depression. i'm glad we did testify on behalf of our competitors at the time because we were doing the right thing for the u.s. economy. >> brian: as gm begins to boom, are you saying, you wouldn't even exist
but that solution needs to create a business environment that allows businesses to grow because we're only expanding 2% gdp. we need at least 3 1/2, 4% to bring down unemployment. so we are fighting for the soul of america. >> steve: 'cause you need to help the economy and sell cars, too. >> that's an important part, to because next to our homes, the purchases -- it's always a lead indicator. >> gretchen: you would know, and this is why you were invited, because you run ford...
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in this low interest rate environment, this is the other big ticket item. >> how are people going to fund their purchases? you have an 11-year-old car, how are they funding the replacement of it? >> well, the availability of credit has improved dramatically over the last eight months or so. and we're even seeing people with bumps in their credit history, subprime borrowers, getting more acceptances of their car loans. and of course there are a lot of incentivized interest rates from the manufacturer's financing arms out there, as well. the overall softness in the european market and with japan in recession, we think we'll see likely more incentives from manufacture are ers for customer the coming months because they have capacity they're not using for those other market. so they will be targeting this u.s. market and the consumer is in a pretty good mood. part of that we believe is the stabilization of home prices which is the basic net egg for most middle class americans. >> it would seem whatever's going on where you are in washington not having an impact. why do you think that is?
in this low interest rate environment, this is the other big ticket item. >> how are people going to fund their purchases? you have an 11-year-old car, how are they funding the replacement of it? >> well, the availability of credit has improved dramatically over the last eight months or so. and we're even seeing people with bumps in their credit history, subprime borrowers, getting more acceptances of their car loans. and of course there are a lot of incentivized interest rates from...
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i think next year you'll be in a low growth environment again and really if you look at the economy, we're probably going back to the '90 style economy where you had 3%, 3.5% was really good growth. 2% growth which we're experiencing right now is pretty good. full employment might be 5.5, 6% like the old days. and i think with that being said, we've got to to get a little bit closer to those numbers to really have the economy start to take off. and i don't think we're that far in there. >> any much those numbers we would take. i don't know whether we are or not. wishful thinking for cantor. certainly would help you guys. why didn't you like fighting irish? >> they were on tv every week when i was a child and i'd like to see alabama win. >> alabama won last year. >> that's okay. all right. thank you. see you later. >>> in fact in some of the squawk sports news this morning, dallas beating philadelphia in sunday night nfl game. 38-33. tony romo threw three touchdown passes to break troy aikman's career franchise record. and the jets beat the cardinals 7-6. new york scoring the lone tou
i think next year you'll be in a low growth environment again and really if you look at the economy, we're probably going back to the '90 style economy where you had 3%, 3.5% was really good growth. 2% growth which we're experiencing right now is pretty good. full employment might be 5.5, 6% like the old days. and i think with that being said, we've got to to get a little bit closer to those numbers to really have the economy start to take off. and i don't think we're that far in there....